global blockchain patent rankings FTSE / NASDAQ NEWS 

Alibaba and IBM Top the Leader Board for Global Blockchain Patent Rankings

Tech giants Alibaba and IBM top the leader board for global blockchain patent rankings, according to a new report by iPR Daily, a global technology media outlet that specialises in intellectual property (IP) ecosystems. The research, published on Friday by iPR Daily, ranks entities by patents filed.  It stated that it consolidated data as of August 10 from across China, the EU, America, Japan and South Korea, consulting the International Patent System from the World Intellectual Property Organisation (WIPO). The report shows that the Chinese internet giant Alibaba managed to seal the top position with its 90 patent applications focused on blockchain-related…

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blockchain trust protocol BCTECH NEWS 

LinkedIn Co-Founder Launches ‘Hub’ a New Blockchain Trust Protocol Network

Eric Ly, Linkedin co-founder launches ‘Hub’ a new blockchain trust protocol network that aims to provide people with verified portable reputation data, to encourage more trustworthy online interactions and transactions. Hub, refers to itself as a ‘human trust protocol’, to some extent it is like an Experian rating system for your integrity, loyalty and trustworthiness, as opposed to just your financial management capabilities. By facilitating connections between users on the internet in areas such as messengers, online communities, social networks, and peer-to-peer marketplaces, Hub aims to make it easier for users…

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Dfinity to Disrupt Cloud Computing BCTECH NEWS 

Major Venture Capital Firms Invest $102 Million in Dfinity to Disrupt Cloud Computing

Andreessen Horowitz and Polychain have led a founding round which has seen major venture capital firms invest $102 million in DFINITY to disrupt cloud computing with its blockchain-based ‘internet computer’. With its foundation based in Zug, Switzerland’s blockchain hub, the Dfinity team working from Palo Alto aims to reinvent computing by replacing large platforms like Amazon Web Services (AWS) and Microsoft Azure with a decentralised alternative. The not-for-profit organisation believes that by creating millions of nodes that will collectively serve as a public computing resource, its technology could cut the costs of running…

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first ever blockchain bond - world bank NEWS REGULATORS 

World Bank and CBA to Issue First Blockchain Bond with Ethereum and Microsoft

In a major announcement, the World Bank is preparing to issue the first blockchain bond to the Commonwealth Bank of Australia (CBA) on a private Ethereum-based blockchain, which will run on Microsoft Azure’s cloud platform. Currently, the World Bank issues between US$50-US$60 billion annually in bonds for sustainable development. It says that blockchain technology has the potential to “help simplify raising capital and trading securities; improve operational efficiencies; and enhance regulatory oversight”

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comcast blockchain advertising FTSE / NASDAQ NEWS 

Comcast Blockchain Advertising Platform Developing with Disney, Channel 4 and TF1

The second-largest multichannel video service provider in the US, Comcast is developing a blockchain video advertising platform in collaboration with major TV networks from around the world, including NBCUniversal, Disney, Altice USA, Channel 4, Cox Communications, Mediaset Italia and TF1 Group. Entitled the ‘Blockchain Insights Platform’, it aims to streamline and improve security using blockchain technology in the process of data sharing for ad’ planning, buying and tracking premium video advertising. Set to launch this year, Comcast believe that it will “ultimately create even more value for the television advertising industry”.

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blockchain for the aerospace industry FTSE / NASDAQ NEWS 

Accenture Partners with Thales to Launch Blockchain for the Aerospace Industry

Consulting giant, Accenture has partnered with a major global defence firm, Thales, to launch a blockchain that aims to secure and streamline aerospace and defence (A&D) supply chains. Accenture report that “86% of A&D companies expect to integrate blockchain technology into their corporate systems by 2021”. As prime contractor for advanced air and missile defence capabilities to NATO forces, Thales’ launching this blockchain for the aerospace industry, marks a potential “game changing innovation for this sector”.

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blockchain car financing platform FTSE / NASDAQ NEWS 

Deutsche Bank, Allianz and Auto1 to Launch Blockchain Car Financing Platform

Europe’s largest car buyer, Auto1 has partnered with Deutsche Bank and Allianz to create a blockchain car financing platform entitled ‘Auto1 Fintech’. As a major supplier to the commercial used vehicle market, Auto1 works with 45,000 dealers across 30 countries, generating a turnover of 1.5 billion euros per year. Collectively owning more than fifty percent, the three German companies aim to streamline the financing and insurance process, from two weeks to a few seconds utilising blockchain technology.

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FTSE / NASDAQ NEWS 

Telecom Giants Telefonica, Telstra, Colt and BT Trial Blockchain with Startup Clear

Major global telcos including Telefonica, Telstra, Colt and BT trial blockchain with startup company Clear to complete a live international PoC, that aims to dramatically reduce both time and costs for the telecom industry. In March, Colt and PCCW Global carried out the first PoC trial that successfully reduced inter-carrier settlement time from hundreds of man-hours per month to less than a minute. “Intercarrier settlement is an area where fraud costs $17 billion annually for operators”

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nhs blockchain platform guardtime FTSE / NASDAQ NEWS 

UK NHS Blockchain Platform for up to 30 million Patients launches with Guardtime

Software security company, Guardtime has launched a UK NHS blockchain platform, offering 30 million British patients instant access to their primary care information using a smartphone. In partnership with Instant Access Medical and Healthcare Gateway, the MyPCR platform interfaces with all three major UK NHS GP platforms, enabling GPs to develop ‘care pathways’ that can be monitored by both patient and healthcare personnel, with a greater aim of improved medication adherence for potential savings of at least £800 million.

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NEWS REGULATORS 

U.K. Law Commission Researching Law Reform for Use of Blockchain Smart Contracts

Further to the release of a report, the U.K. Law Commission, has begun a formal project researching into law reform for use of blockchain smart contracts in the British legal ecosystem. The agency, set up by Parliament, has dentifyied blockchain technology as a significant area that is seeing uptake, especially in the financial services world. With finance and banking being one of it’s top industries in the UK, and London the world’s largest financial centre. The commission has stated the necessity of reform to remain competitive for enterprise.

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google blockchain cloud service launches FTSE / NASDAQ NEWS 

Google Blockchain Cloud Service to launch with Startups Digital Asset and BlockApps

Google’s blockchain cloud service launched today at its Cloud Next ’18 conference in San Francisco. Unlike fellow tech giants Microsoft and Amazon, it has not launched directly with Hyperledger and Ethereum. Instead it has partnered with blockchain startups BlockApps and Digital Asset, both specialising in enterprise level solutions. Although Google is one of the last cloud giants to offer blockchain, it was also the second most active blockchain investor between 2012 and 2017. Unnamed sources have previously said that Google is working on its own distributed ledger.

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blockchain financial reporting big four FTSE / NASDAQ NEWS 

The Worlds ‘Big Four’ Accountancy Firms Join to Trial Blockchain Financial Reporting

The world’s largest accountancy firms, Deloitte, EY, KPMG and PwC join a consortium of 20 major banks trialling a revolutionary blockchain financial reporting service. Developed by the Taiwanese banking consortium, with the cooperation of Taiwan’s FISC, the platform aims to streamline ‘external confirmation’ processes for auditing companies, from “half a month” to “within a day”. The ‘big four’ will begin with the pilot in Taiwan, with expansion of the trial set for next year to include over 1,400 publicly-listed companies in China.

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saudi arabia selects ibm to develop blockchain NEWS REGULATORS 

Saudi Arabia Selects IBM to Develop Blockchain for the City of Riyadh

In a major contract with oil rich Saudi Arabia, IBM have been selected to develop blockchain for the Municipality of its capital city Riyadh, integrating both government and commercial services for its 7 million citizens and residents. IBM have been instructed to work closely with the municipality’s technology partner, Elm. The blockchain initiative is in line with the Saudi Vision 2030 program, a plan enacted by Crown Prince Mohammad bin Salman in 2016, and is focused on reducing the country’s dependence on oil revenue by diversifying the economy.

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delaware signs ibm to build a blockchain filing system NEWS REGULATORS 

Leading U.S. Business State, Delaware Signs IBM to Build a Blockchain Filing System

In a $738,000 deal without competitive bidding, the corporate friendly U.S. state of Delaware signs IBM to develop a blockchain filing system prototype on its Hyperledger Fabric blockchain. Delaware aims to utilise blockchain technology to assist business registration, and allow corporations to take advantage of smart contracts to automatically track stocks and collateral assets in real time. With more than half of all U.S. publicly traded companies, and two thirds of the fortune 500 incorporated in the state, it is a significant move.

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fast track blockchain service fujitsu FTSE / NASDAQ NEWS 

Tech Giant Fujitsu to Launch a ‘Five Day’ Fast Track Blockchain Service

Global tech giant and founding member of Hyperledger, Fujitsu is launching a new fast track blockchain service to deliver a “ready-to-go” product in just five days. Priced from €9,900, the consultancy aims to offer customers a way to identify and utilise blockchain technology, encouraging a ‘proof of business’ as opposed to a ‘proof of concept’ approach. It will be available throughout EMEIA from Fujitsu’s Blockchain Innovation Centre in Belgium, from where it aims to enable the development of “the city of the future.”

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enterprise blockchain platform the netherlands kpn microsoft unchain.io FTSE / NASDAQ NEWS 

Microsoft and KPN team with Dutch Startup Unchain.io to Create an Enterprise Blockchain Platform

Microsoft and KPN, one of the biggest ICT service providers in The Netherlands, have teamed up with the Dutch blockchain startup, Unchain.io to create an enterprise blockchain platform. KPN provide key services to much of The Netherlands infrastructure, from government and healthcare, through to commercial industry. Through this partnership it aims to run a fast-track platform for enterprise-level clients, in order to accelerate the adoption of blockchain in The Netherlands.

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FTSE / NASDAQ NEWS 

Walmart is Looking to Revolutionise Package Deliveries with Blockchain Technology

On Thursday, a proprietary U.S. patent was released for the world’s largest discount retailer, Walmart. Its ‘Smart Delivery’ patent, aims to give package delivery lockers an immutable node within a blockchain network. Together with a patent for its ‘Smart Package’, a blockchain-based tool that will integrate autonomous vehicles and unmanned drones, Walmart is gearing up to dramatically revolutionise package deliveries, with blockchain bringing the final missing piece of technology to its plan.

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Blockchain for the Government of Australia NEWS REGULATORS 

IBM Signs $1 Billion Deal to Develop Blockchain for the Government of Australia

IBM has signed a five year contract to the value of AUD $1 billion (US $740 million), to develop blockchain for the Australian government over the next 5 years. The deal will see blockchain technology utilised to improve data security within federal departments and across different realms of the state’s jurisdiction, including taxation and border control. It is the largest technology contract ever to be negotiated by the government, and is set to save it over $100 million dollars.

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blockchain technology can save the UK government £8 billion NEWS REGULATORS 

British MP Reveals that Blockchain Technology Can Save the UK Government £8 Billion

On the release of a report entitled ‘Unlocking Blockchain’, British Conservative Member of Parliament (MP) Eddie Hughes urges government to appoint a Chief Blockchain Officer, stating that blockchain technology can save the UK government £8 Billion. The report suggests that businesses standing to benefit from increased adoption of blockchain technology, could fund a competition to attract talented blockchain developers. British Prime Minister Theresa May has recommended that a digital copy of the report should be sent to every member of British Parliament for their consideration.

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- Enterprise Blockchain Infrastructure FTSE / NASDAQ NEWS 

Microsoft and Digital China Partner to Launch Enterprise Blockchain Infrastructure

Microsoft and Digital China, the largest IT service provider in China, partner to launch enterprise blockchain infrastructure to the South East Asia region. Completing the three-party alliance is High Cool, a leading cloud management service provider in Taiwan. Sun Yutao, the founder of Digital China believes blockchain needs to be combined with IoT, biometrics and artificial intelligence (AI) in order to thrive. In January this year, Microsoft launched its AI R&D base in Taipei City, and is investing US$33 million in its offices.

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